Business Video Roundup: Why Employees Quit, How to Get Funded & More
In this week’s roundup of great videos for entrepreneurs and business owners, Patrick Bet-David lists 20 reasons employees might quit on you, Gary Vaynerchuk and others deliver a lot of excellent advice in a mammoth two-hour episode of Marketing for the Now, and Dakin Sloss (founder of Prime Movers Lab) reveals a few simple steps on securing VC funding. Plus, Forbes offers a look at how two passionate entrepreneurs launched a cookware company from their home kitchen, while CNBC explores the successful reinvention of 7-Eleven and the changing convenience store industry as consumer behavior shifts in a post-COVID era.
Patrick Bet-David: 20 Reasons People Quit on You
In this 16-minute video, Patrick Bet-David breaks down 20 reasons employees might quit on you. Lots of great insights and ideas for retaining your talent for the long haul.
GaryVee: Marketing for the Now Episode 18 with Gary Vaynerchuk
The latest two-hour episode of Marketing for the Now with Gary Vaynerchuk is filled to the brim with freewheeling discussion about business and marketing, including timely advice about standing up for what you believe in and the incredible power of empathy.
Evan Carmichael: Simple But Effective Steps to Get Funded by a VC (Dakin Sloss Interview)
Evan Carmichael interviews Dakin Sloss, founder of Prime Movers Lab, an investment company that invests in scientific startups. No matter what industry your business is in, Sloss has some great advice for creating a business that’s both built to last and attractive to investors. “If you over-prioritize making money,” he says, “you’re going to lose out on much larger opportunities because you’re going to make short-term-oriented decisions rather than long-term-oriented decisions.”
Forbes: How Two Entrepreneurs Launched a Cookware Company from Their Kitchen
A quick look into how entrepreneur Asha Kangralkar, along with her husband and business partner, launched cookware company Avacraft from her kitchen. “My passion for cooking different cuisines made me meticulous about cookware,” Asha says.
CNBC: The Rise of 7-Eleven
CNBC provides an interesting overview of the rise of 7-Eleven since the 90-year-old brand introduced its first Evolution Store in 2019. Revamped for a new generation of consumers, it has had great success so far. But the convenience store industry could be on the cusp of massive change, pushed along by the pandemic and shifting consumer behavior.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
How Factoring Works for a Small Hot Shot Trucking Company
Hot shot hauling is one of the fastest ways to put a truck to work, but it comes with a built-in cash flow trap: you pay for fuel, insurance, and your truck note in real time, while brokers and shippers pay you on their schedule. Invoice factoring closes that gap. Here is exactly how the process works for a small hot shot operation.
The Cash Flow Problem Every Hot…Can Factoring Help Me Make Payroll on Time?
Yes. If making payroll is the specific worry that brought you here, invoice factoring is one of the fastest, most reliable ways to solve it. Factoring converts your unpaid invoices into cash within about a day, so you can make payroll on time no matter how slowly your customers pay.
For a lot of business owners, “can I cover payroll this week?” is the single most stressful question…
How Does Invoice Factoring Affect My Business Credit?
This is a thoughtful question, especially if you’re trying to build your business credit carefully. The short answer is that factoring is generally gentle on your credit profile — and in some ways can help it — but there are a few nuances worth understanding.
Start with the most important point: factoring is not a loan, so it doesn’t add debt to your business credit profile the way…
